Loan & DebtJun 22, 2026, 10:56 AM
NorthWestern Energy Subsidiary Issues $150M Bonds at 5.51%
AI Summary
NorthWestern Energy Public Service Corporation, a subsidiary of NorthWestern Energy Group, Inc., issued and sold $150 million principal amount of South Dakota First Mortgage Bonds. These bonds, with an interest rate of 5.51%, mature on June 15, 2036. The terms were established in the Twenty-third Supplemental Indenture, and the bonds rank equally with other secured debt.
Key Highlights
- NorthWestern Energy Public Service issued $150 million in South Dakota First Mortgage Bonds.
- The bonds have a maturity date of June 15, 2036.
- The interest rate for the bonds is 5.51%.
- The bonds were issued by NWE Public Service, a wholly-owned subsidiary of NorthWestern Energy Group, Inc.
- The SD Bonds rank equally in right of payment with all current and future debt secured by the first mortgage lien.
Price Impact
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